Latest Property Casualty Headlines

All the headlines from our Property Casualty Topic Page, ordered by recency.

8 La.’s Blanco: Industry over-reacting to hurricanes

Feb 25 2007 // Governor says state is making headway on storm protection 9 Ark. auto insurance fraud suspect turns self in Fraud ring allegedly scammed hundreds of thousands of dollars 10 New Orleans couple drops suit against Allstate No...

A look behind the very good P/C results for 2006

Feb 25 2007 // News Currents The numbers, or es-timates, for the property casualty insurance industry for 2006 are in, and Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, discussed them with...

A look behind the very good property/casualty results for 2006

Feb 25 2007 // News Currents The numbers, or estimates, for the property/ casualty insurance industry for 2006 are in. Dr. Robert Hartwig, president and chief economist of the Insurance Information Institute, sat down with Insurance...

8 Agents welcome windstorm debate

Feb 25 2007 // Insurers warn against subsidies 10 Safeco to cut homeowners, commercial rates 200,000 Calif. customers to benefit, company says 10 Ariz. lawmakers move to raise burden of proof on ER suits Identical bill vetoed by Gov....

Premium Growth: A measure for a response to changing needs?

Feb 25 2007 // Virtually all industries respect and demand top line growth. Publicly traded companies, competing for capital, are required to demonstrate an ability to facilitate top line growth. In stark contrast to other industries,...

Hospitality industry faces more than just traditional P/C losses

Feb 25 2007 // Whether you study the growth curve in the “baby boomer” generation or generation “X” or “Y,” it is clear that we have a collision course of increased scope of risk, changing...

Top 25 Property/Casualty Companies in Premium Growth

Feb 25 2007 // 12 months ending Sept. 30, 2006, versus Sept. 30, 2005 (000 Omitted) DPW Change DWP DWP DWP $ DWP % Rank Company Name 9/30/2006 9/30/05 Change Change 1 Lexington Insurance...

R.E. Chaix Adds Two Carriers for P/C Risks

Feb 22 2007 // Irvine, Calif.-based R.E. Chaix & Associates announced it has finished negotiations to add two new carriers for in-house binding for property and casualty risks. Both carriers are non-admitted and both have...

Chicago Mesirow Appoints Former NBA Star as Senior Vice President

Feb 16 2007 // Chicago-based Mesirow Financial recently announced that Brian Evans, an ex-Hoosier and three-year NBA veteran, has joined its Insurance Services division as a senior vice president. He is responsible for leading new...

Insurance Journal-Demotech Report Identifies 139 Super Regional P/C Insurers

Feb 14 2007 // Hoping to spark a discussion of so-called “super regional” insurance carriers, Insurance Journal magazine (Feb. 12 issue) this week is publishing its first list of Super Regional Property Casualty Insurers™,...

Swiss Re P/C Renewals up 14%; Conference Call Today

Feb 13 2007 // Swiss Re announced that it has “grown its non-life [P/C] reinsurance portfolio by CHF 1.3 billion [$1.04 billion] or 14 percent, which reflects successful renewals of business acquired through the acquisition of...

Super Regional P/C Insurers™

Feb 12 2007 // A number of property/casualty insurers call themselves Super Regionals as a way to differentiate themselves in the marketplace. They pride themselves on being not too big and not too small. Big enough for economies of...

Industry forecast predicts slower premium growth in 2007 and 2008

Feb 12 2007 // Despite slow-down, industry still anticipates underwriting profits Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall...

Insurance Journal’s MyNewMarkets Web site offers 20,000 markets

Feb 12 2007 // Property/casualty agents looking for new markets and suppliers with markets to offer have a dynamic new online meeting place. Now agents and brokers, managing general agents (MGA) and insurance companies can communicate...

P/C industry may be long overdue for massive losses from an extreme “great” earthquake

Feb 12 2007 // >Study says industry could suffer from a $100 million loss The U.S. property/casualty insurance industry is long overdue for heavy losses from a massive earthquake, reports A.M. Best in its recent “2006 Annual...

Industry forecast predicts slower premium growth in 2007 and 2008

Feb 11 2007 // News Currents Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals...

2007 Super Regional Property/Casualty Insurers™ Alphabetical listing

Feb 11 2007 // Acuity a Mutual Insurance Co. AIG Centennial Insurance Co. AIG Premier Insurance Co. AIU Insurance Alaska National Insurance Alfa Insurance Corp. American Automobile Insurance Co. American Commerce Insurance Co. American...

Demotech Classification System

Feb 11 2007 // number of property/casualty insurers call themselves Super Regionals as a way to differentiate themselves in the marketplace. They pride themselves on being not too big and not too small. Big enough for economies of scale...

P/C industry may be long overdue for massive losses from an extreme “great” earthquake

Feb 11 2007 // The U.S. property/casualty insurance industry is long overdue for heavy losses from a massive earthquake, reports A.M. Best in its recent “2006 Annual Earthquake Study.” It is likely that if an earthquake of...

R&M Issues China P/C Report

Feb 7 2007 // Dublin-based Research and Markets has added “Non-life Insurance in China” to their offering. “The Non-life Insurance in China industry profile is an essential resource for top-level data and analysis...